Monthly Archives: June 2018

UK bookmaker Betfred recorded annual loses in its most recent fiscal year, despite the fact that the company had a significant revenue increase. The losses were of eight-figure as it was in the red with 13,4 million GBP. Betfred released last week its results for the last 12 months, ending …

US financial technology service provider Global Payments signed a partnership with Pennsylvania Lottery in the US. Under the terms of deal, Global Payments is to power payment processing for the Pennsylvania Lottery’s newly-launched online offering. Customers can use the Global Payments ACH payment services to deposit funds and also receive …

Las Vegas Lights Football Club signed an agreement with the oldest bookmaker William Hill and became the first sports team in the United States to introduce an official betting partner. A European sportsbook power that is well established in Nevada (and now New Jersey), William Hill will offer bettors a …

Online bookmaker Pinnacle has struck a deal with online gaming payments company MuchBetter. Under the agreement, Pinnacle Solution has received significantly reduce its transaction fees, as well as prevent fraud and provide the best deposit and withdrawal experience possible to customers. MuchBetter services will now be available to all Pinnacle …

A new independent Stormcraft Studios has been to supply exclusive content to Isle of Man-based iGaming provider Microgaming. The first official game release by Stormcraft Studios, which already available to Microgaming operators became Fortunium. The game is a five-by-five reel slot, set in the steampunk metropolis of Fortunium. It offers …

One more hurdle is left behind for Playtech on its way to acquire Snaitech. The Italian financial watchodog Consob approved the €846M takeover of the remaining 19 percent stake in the Italian betting and gaming operator Snaitech SpA (Snaitech). The UK-listed technology supplier already holds an 80.9 percent stake in …

Pool Party makes a splash amongst industry elite Hugo’s Infinity, a glamorous rooftop pool location in St. Julians, set the scene for an exclusive, invite-only iGathering. The momentous event, hosted by Malta Blockchain Summit and CryptoFriends, was generously sponsored by AliQuantum Gaming and Hipay, along with partners CoinTelegraph and ICObench. …

The Norwegian struggle against remote online igaming services is taking a boost with Gunn Merete Paulsen. The gambling regulator of the Nordic country, Lotteri-og Stiftelsestilsynet, reappointed Paulsen as its Director General, exactly when the pressure on government for restricting further the online igaming services increases. Paulsen held the same role …

Online betting company 32Red, sponsor for various football clubs such as Rangers, Aston Villa and Middlesbrough, has been hit with 2 million GBP fine for failing to protect a client with gambling addiction. The vulnerable customer was allowed to deposit 758000 GBP between 2014 and 2017, but 32Red didn’t carry …

Leading developer integrates its flagship poker offering for fast-rising supplier 4th June, 2018 – Leading online gaming software developer EvenBet Gaming has announced a new agreement to integrate its cutting-edge poker product into We Are Casino’s progressive platform. The new deal furnishes We Are Casino with a responsive and reliable …

The company Lottovate, owned by the Zeal Group, has developed a new lottery Raffld – the first in the Netherlands lottery after almost thirty years. This lottery is focused primarily on the Dutch “millenials” – people aged 22-36 years, a group that makes up a quarter of the population of …

The Stars Group, owner of the online giants PokerStars and BetStars, revealed its intentions for a public offering of 15 million common shares in order to fund the acquisition Skybet. The Canada-based provider of technology-based product offerings seeks approximately 4.7 billion USD for completing the deal and the decision was …

Rush Street Interactive has been granted an online gaming licence to operate in the country. This news confirmed president of Colombian gaming regulator Coljuegos, Juan Perez Hidalgo. As the 11th operator to be granted a licence, Rush Street has launched its rushbet.co sportsbook a week before the World Cup starts. …